An economic indicator (or business indicator) is a statistic about the economy. Economic indicators allow analysis of economic performance and predictions of future performance. One application of economic indicators is the study of business cycles.

Economic indicators include various indices, earnings reports, and economic summaries. Examples: unemployment rate, quits rate, housing starts, Consumer Price Index (a measure for inflation), Consumer Leverage Ratio, industrial production, bankruptcies, Gross Domestic Product, broadband internet penetration, retail sales, stock market prices, money supply changes.

The leading business cycle dating committee in the United States of America is the National Bureau of Economic Research (private). The Bureau of Labor Statistics is the principal fact-finding agency for the U.S. government in the field of labor economics and statistics. Other producers of economic indicators includes the United States Census Bureau and United States Bureau of Economic Analysis.

Noun

indication (plural indications)

1. Act of pointing out or indicating.
2. That which serves to indicate or point out; mark; token; sign; symptom; evidence.

   The frequent stops they make in the most convenient places are plain indications of their weariness. Joseph Addison.

3. Discovery made; information.
4. (obsolete) Explanation; display. Francis Bacon.
5. (medicine) Any symptom or occurrence in a disease, which serves to direct to suitable remedies.
6. (finance) An declared approximation of the price at which a traded security is likely to commence trading.

Related terms

• index
• indicate
• indicator
• indicative

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See also:

• Business: Investing: News and Media (150)

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